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You have a portfolio of two stocks that is worth $ 8 9 , 5 4 7 . You have invested $ 4 6 ,

You have a portfolio of two stocks that is worth $89,547. You have invested $46,883 in the first stock and the rest in the second stock. The first stock has a beta of 1.5 and the second stock has a beta of 0.56. What is the beta of the portfolio?
(Do not round any intermediate calculations. Round your final answer to 2 decimal places and enter it in the box below.)
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